500 US ROUTE ONE
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Location
500 US ROUTE ONE
Mblu
22/ 29/ D/ 0/
Acct#
2519
Owner
JNR FUND I SPE FREEPORT ME LLC
Assessment
$4,609,000
PID
2519
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2025$3,733,200$875,800$4,609,000

Owner of Record
OwnerJNR FUND I SPE FREEPORT ME LLC
Co-Owner
AddressC/O CORP CONTROLLER
15 HASTING ROAD
WESTON, MA 02493
Sale Price$6,500,000
Book & Page 39526/297
Sale Date06/24/2022

Ownership History
Ownership History
OwnerSale PriceBook & PageSale Date
JNR FUND I SPE FREEPORT ME LLC$6,500,00039526/29706/24/2022
GIRI FREEPORT INC$5,180,00038067/12104/14/2021
BOMBAY HOSPITALITY LLC$5,410,00024229/031708/01/2006
WINGNUT HOSPITALITY LLC$285,00014065/018808/01/1998

Building Information
Building 1 : Section 1
Year Built: 2000
Living Area: 38,323
Building Percent Good: 90
Replacement Cost
Less Depreciation:
$3,661,400
Building Attributes
FieldDescription
Style:Hotel
ModelCommercial
GradeAverage ++
Stories:2
Occupancy 
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelComm
Heating TypeC Oil/Gas
AC TypeNone
Struct Class 
Bldg UseHOTELS
Total Rooms 
Total Bedrms99
Total Baths99
1st Floor Use:3000
Heat/ACHEAT/AC SPLIT
Frame TypeREINF. CONCR
Baths/PlumbingEXTENSIVE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsEXTENSIVE
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 16,388 16,388
FUSUpper Story, Finished 16,388 14,749
FHSHalf Story, Finished 15,444 6,950
FATAttic, Finished 944 236
CANCanopy 878 0
   50,042 38,323

Extra Features
Extra Features
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
ELVELEVATOR  2.00 UNITS$4,0001
PAVPAVING  35300.00 S.F.$66,2001

Land
Land Use
Use Code3000
DescriptionHOTELS  
NeighborhoodCM03
Category
Land Line Valuation
Size (Acres)2.14
Assessed Value$875,800

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
SHD1SHED FRAME AVG  120.00 S.F.$1,6001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2024$3,733,200$858,400$4,591,600
2023$3,733,100$857,500$4,590,600
2022$3,734,100$857,500$4,591,600
2021$3,734,100$857,500$4,591,600
2020$3,493,100$794,000$4,287,100
2019$3,905,900$936,400$4,842,300
2018$3,383,500$935,900$4,319,400
2017$3,228,600$935,800$4,164,400
2016$2,993,800$812,700$3,806,500
2015$2,865,600$738,800$3,604,400

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